Top 10 Best-Selling Cars: January 2012
After capping 2011 with four decent months, the auto industry hit 2012 running. Analysts expect auto sales to outpace 2011 figures anywhere from 6% to 10%, which could make 2012 the best sales year since 2007.
January enticed consumers with total incentives — including financing offers, automaker and dealer cash, and trade-in bonuses — amounting to 16% off the average car’s MSRP, CNW Marketing Research reports. That beats January 2011, when shoppers saw only 13.5% off the average MSRP.
Shoppers took advantage. January sales jumped 11%, beating Tuesday’s expectations. This marks the best annualized month since 2009, Automotive News reports. Chrysler, Nissan and Hyundai-Kia saw double-digit sales gains, with GM the only top-seven automaker to post a loss.


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